The U.S. Treasury General Account (TGA) saw a significant reduction of $78 billion last week, marking the largest single-week liquidity injection since June and the fourth-largest this year. This move is closely monitored as it impacts liquidity and crypto markets. In addition, the Federal Reserve plans to purchase $4 billion in Treasuries from December 12 to January 14, alongside $14.4 billion from MBS principal payments. This influx of liquidity is expected to influence various markets, including cryptocurrencies, as fresh capital enters the financial system.